Tivity Health Inc

NASDAQ:TVTY   11:39:15 AM EDT
22.50
-2.84 (-11.21%)
Debt Financing / Related

Tivity Health Prices New Senior Secured Credit Facilities In Oversubscribed Transaction

Published: 06/24/2021 22:08 GMT
Tivity Health Inc (TVTY) - Tivity Health Prices New Senior Secured Credit Facilities in Significantly Oversubscribed Transaction, Increasing Financial Flexibility.
Tivity Health Inc - Pricing of a $400 Million Senior Secured Term Loan B Facility.
Tivity Health Inc - Pricing of a $100 Million Senior Secured Revolving Facility.
Tivity Health Inc - Loans Under Term Facility Will Be Issued at 99.5% of Their Face Value and Bear Interest at a Rate Equal to Libor Plus 4.25%.
Tivity Health Inc - Loans Under Revolving Facility Will Bear Interest at a Rate Equal to Libor Plus 3.75% to 4.25%.